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Fraud*According to the Collins English Dictionary 10th Edition fraud can be defined as: "deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage".[1] In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual; the related adjective is fraudulent. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation. Defrauding people or entities of money or valuables is a common purpose of fraud, but there have also been fraudulent "discoveries", e.g. in science, to gain prestige rather than immediate monetary gain*As defined in Wikipedia

Thursday, November 10, 2011

This story in the Huff Post is a well written description of the Occupy Wall Street movement in Zuccotti Park, New York City. It is interesting to see how within this tiny space neighborhoods with names have been created. It is interesting to see how services from rolling cigarettes to a full functioning library have been established. And it is even more interesting to see how the semblance of organization is forming. A mini government of sorts with political type party's and even centralized decision making bodies much like a Congress.

What I believe we are seeing is the growth of a nation much like our nation grew but with much less violence. This new "nation" may just be what the people of this country need. Not to overtake our current system but to teach it lessons long forgotten.

NEW YORK -- Protesters at Occupy Wall Street insist that they are a completely leaderless movement with a purely horizontal structure. But where some see simple diversity -- a self-proclaimed goal of OWS -- others see the creep of an insidious hierarchy, most clearly seen in the emerging micro-neighborhoods in Zuccotti Park.

At the northeast corner of the park is one of the tidiest regions of the Occupy Wall Street movement: the People's Library, with more than 3,000 volumes and staffed largely by professional book handlers. Just south of the Library, the General Assembly -- the evening meeting where collective decisions are made -- is held, close to many of the working group stations that are dominated by college-educated professionals.

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Purge the establishment
said...

Be Honest CNBC - You Are Biased Against Ron Paul

With this stated up front, it was brought to my attention that CNBC was running a poll asking readers who they thought won the recent Republican Presidential Debates in Michigan. Now, as in many polls in 2008, the name “Ron Paul” has been rising to the top of the charts in 2011 despite all efforts by media lapdogs to dissuade the public from even considering such a candidate. CNBC did not fail to play its roll this time around either. Ron Paul won by a substantial margin, and of course, their response was to take the poll down! Here was the explanation given by CNBC Managing Editor and all around bottom feeder, Allen Wastler:

Gamed Poll...So We Took It Down

We had a poll up from our Republican Presidential Debate asking readers who they thought won. One candidate was leading by such a margin that it became obvious the polling wasn't so much a reading of our audience, but of the Internet prowess of this particular candidate's political organization. We have therefore taken the poll down.

“This means they can take segregated funds and leverage them to kingdom come. It means nothing is safe.”

Andy Abraham

If you have a commodity account with Wall Street, they may gamble with your money, the rule on segregated accounts be damned. If they lose the money you might be reimbursed, or not. The losses may have to be 'socialized.'

In a way it is just making the general relationship between Wall Street and its customers official.MF Global May Have Used Customer Funds In The Losing $6.3 Billion Trade Without Informing ClientsBy Robert Lenzner

After an intense day of investigation, I have just discovered that a CFTC rule (1.29) allowed Jon Corzine’s MF Global to use the margin and cash in customers heretofore segregated accounts to amass a risky $6.3 billion investment in European sovereign debt that backfired. Nor did Corzine have the obligation to inform any of these customers he was gambling with their money. Or that he was intending to keep all the profits for himself and his troubled firm. Nothing for the customers.

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Famous Quotes

The men the American people admire most extravagantly are the greatest liars; the men they detest most violently are those who try to tell them the truth. … H.L. Mencken

An age is called Dark not because the light fails to shine, but because people refuse to see it…James Albert Michener, novelist (1907-1997)

It is impossible to calculate the moral mischief, if I may so express it, that mental lying has produced in society. When a man has so far corrupted and prostituted the chastity of his mind as to subscribe his professional belief to things he does not believe he has prepared himself for the commission of every other crime. … Thomas Paine 1737-1809, Anglo-American Political Theorist, Writer

Laws just or unjust may govern mens actions. Tyrannies may restrain or regulate their words. The machinery of propaganda may pack their minds with falsehood and deny them truth for many generations of time. But the soul of man thus held in trance or frozen in a long night can be awakened by a spark coming from God knows where and in a moment the whole structure of lies and oppression is on trial for its life.: Sir Winston ChurchillWhen governments fear the people, there is liberty. When the people fear the government, there is tyranny. - Thomas Jefferson

When cheaters prosper, we end up with the worst possible system and to call it a free market system is an obscenity. -William BlackWhen the people fear their government, there is tyranny; when the government fears the people, there is liberty." - Thomas JeffersonI believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property - until their children wake-up homeless on the continent their fathers conquered. Thomas Jefferson - 1802

Don't be afraid to see what you see.

..................................... Ronald Reagan

When the people and the government fear Banksters like Goldman Sachs and JP Morgan, there is economic dictatorship that will destroy the very fabric of our existence as a civilized society.Mike Morgan

Let me control the money of a nation and I care not who makes its laws.Meyer Amsheil Rothschild

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